Winnings are declared to a £1 stake but you can make a smaller stake, say 10p or 20p per bet.

In this bet you will have to choose a horse at the first 6 races of any meeting to finish first in races with 4 runners or less.

First or second in races with 5,6 or 7 runners.

First, second or third in races or 8 runners or more.

Handicap races of 16 or more runners your selection must finish in the first 4.

You can select more than one horse in each race to give you more chance of successfully landing the bet. So, for example, you might want to have two selections in five of the races with one race covered by one horse that you think should be a banker to make the frame. The bet then looks like this;

2 x 2 x 2 x 2 x 2 x 1 = 32 bets

Here is a placepot system that pays out more often than not -

1. Choose the main meeting of the day. This is the meeting usually with the most prize money and better quality horses.

2. In Handicap races your selections will be the two horses highest in the weights. These will be the two horses numbered 1 and 2 on the newspapers racecard.

3. In Non-Handicap races your selections will be the first and third horses in the newspapers betting forecast prices.

This will be a total of 64bets

2x2x2x2x2x2 = 64 bets

Why not give it a try with small stakes for a start to see it's potential